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Economy News

The Economic Times

Economy / The Economic Times

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In India's retail blitz, luxury spaces miss out big

In the realm of luxury retail, India encounters a considerable void in super luxury mall infrastructure, stifling opportunities for esteemed international brands to establish a foothold. Despite the influx of wealth, with the luxury sector projected to blossom into a $12 billion market by 2028, suitable retail spaces remain elusive.

19 May 2026 11:48 am